Volkswagen's Clean Air Act violations on 2009+ TDIs spark huge recall, investigations

[autdi]

Thanks for the abstract. I'm presuming the CAS would be all items bundled together, rather than buyback/lease cancellation and/or cash payout?

They appear linked, take the buyback/lease early out/fix get substantial compensation.

"The combination of these agreements include
payment of substantial compensation to the consumer class
members in connection with the car buy back, the car
modification, and cancellation of lease options I have
previously discussed."
Page6 lines 4-8

 

[TDIintheLOU]

It's easier with cars, less space to store and easier to move. Heck, VW even has their own ships...

I want what your smoking. Stop the Bogarting.....

 

[pkhoury]

They appear linked, take the buyback/lease early out/fix get substantial compensation.

"The combination of these agreements include
payment of substantial compensation to the consumer class
members in connection with the car buy back, the car
modification, and cancellation of lease options I have
previously discussed."

Do you know offhand if there's a deadline for class members who wish to opt out of the CAS or of this particular case?

 

[jdyno718]

http://www.autonews.com/article/201...OEdAjax=1&AjaxRequestUniqueId=146126626806549

"The British government's transport ministry said all 37 car models it had tested exceeded the laboratory limits for polluting nitrogen oxides during real-world driving, but only Volkswagen had used so-called defeat devices to cheat tests...."

Think link even has a PDF of the testing results.

 

[Snowball 2]

Just received my registration renewal. Needs smog check.

Lol.

No problem. The California smog test for passenger car diesels is 'visual only'. They do not sniff the tailpipe.

My 2010 TDI passed smog in FEB, the test took less than 10 minutes.

 

[pkhoury]

Don't waste our bandwidth on his question please. If 2015VWgolfdiesel wants to learn about torque converter transmissions and direct shift gearboxes, he can do a google search, or find another topic on this forum. He just can't help himself- he has to get in his 10 posts per day... while saying absolutely nothing. He usually just asks himself a question out loud.

Mister 2015, you seem like a friendly guy, but before you hit "SUBMIT REPLY" please ask yourself whether what you are saying is actually adding anything to the value of this discussion.

This made me laugh. If I responded to all his posts as I'd like...I'd have a lifetime ban. I'm still trying to determine whether it would be worth it....and I'm thinking that yes...it would be worth it.

This best sums up what 2015vwgolfdiesel needs to do:

 

[MichVW]

Sorry... I am grouchy today...

I wish people would stop posting the SAME article over and over again from different news sources. Most of the pertinent court case info from today was posted between 12pm and 1pm. Go back about 30 pages and read the articles, or rather, simply google "VW" and click the news tab.
Just because BBC posted a article quoting Reuters, does not mean you have to post it here. It is the same news.. Nothing new.

end of rant..

What happened to Romad...? I miss him posting 5 times per page.

 

[autdi]

Do you know offhand if there's a deadline for class members who wish to opt out of the CAS or of this particular case?

It would be after July when a consent agreement would be preliminary. You get to see what the class settlement is, give comments to the court about it, the court has to ignore those comments, then you get the option to get out of the class. Pure speculation, not before August, could be end of the year even, I think it depends on how many send comments in opposing the deal. The deal has to resolve the issue, if there are thousands still around to litigate, that's not going to go over well. Typical opt out is under 2-3%, depending on the 2014 owners deal, or the 2015 deal that could be way higher here, I'm not taking 1st year depreciation twice in 3 years, what's been floated so far doesn't address that problem.

 

[mjLyco]

https://www.vwdieselinfo.com/updates/statement-by-volkswagen-group-of-america-4/

"Volkswagen is committed to earning back the trust of its customers, dealers, regulators and the American public. These agreements in principle are an important step on the road to making things right. As noted today in court, customers in the United States do not need to take any action at this time."

^ The entirety of VW's statement.

Edit: Hear that threadzilla? No action. Cease all posting.

 

[redbarron55]

Of course the big question is what is substantial compensation.
1 Billion is substantial, but divided by the number of vehicles is $17 - 2000.
The trick is that the compensation has to be enough to get the owners to have them fixed, sold back or whatever.
I have a 2013 JSW because my wife liked the 2009 JSW as do I .
Where can I get an equal vehicle/
We chose not to get a Tiguan because it lacked the power and handling of the JSW.
The cars are in good shape and I like the performance and I take a chance with the many possible GOTCHAS every day.
I like the mileage, but I do tow my Scamp with them and what has the real life capability (Not the NAR sell-out don't tow).
Of course a TDI Tiguan is not a possibility and the current 2.0 is a weak sister.
If I sell back I have to find something to meet my needs and I have already done that!
I will probably keep my cars for that 10 years, 300,000 miles thing.
I might change my mind when they finally give a clue as to what they have in mind.
I can see no reason to suspect that the CAR lawyers would be satisfied with what I have heard, even the $5000.00
Also of course they are not so concerned with the settlement for their clients as their end of the thing.

 

[meerschm]

So none of us will need to make a decision, or the information required to do so, before the middle of this summer.

 

[redbarron55]

You can trust VW to work n the interests of their customers to restore confidence and trust just like the last time they cheated on emissions a few years ago.

I trust them completely........ To act in their own best interests.

 

[Rico567]

We are already Tesla owners which bumps us up a bit.<snip>

Yes, you've mentioned that several times in this thread. How're you liking your EV?

Interestingly, at UCSB mech engineering, they don't even teach ICE other than a quick summary. "It's soon to be obsolete" they state.

Maybe obsolete in certain environments. In our part of the country and how we drive, not happening all that soon. Wait a generation or so and then get back to me.

 

[coers]

Just remember you have to use the $500 card within a year you received it or had it activated at the dealer.

I am in a holding pattern right now. I own a 2014 JSW, a 2011 Golf and a 2010 Chevy Silverado 1500 regular cab.
The Golf is used for work (over 100 miles per day)
The JSW is the wife's vehicle and is only driven 3-4 times a week (she works part time)
The Pickup is my hauler/camping/hunting truck and is useless for a growing family (regular cab)
My plan... when this mess finally works itself out...
1) Sell my Truck private party.
2) Sell back both my TDIs to VW immediately (Golf is paid for an I have a lien on the JSW)
3) Buy myself a 2015-2016 Ram 2500 4x4 6.4 hemi crew cab
4) Lease my wife a mid size SUV like a Dodge Durango or similar.
5) Purchase 5 year old, reliable. compact/mid size coupe/sedan... Ford Focus, Honda, Toyota, Subaru as a work only vehicle.
6) Never step foot in another VW dealer again unless it is to buy new tires with my $500.00 credit that my local dealer was nice enough to add to my account so it never expired.
That is it.... I will be jockeying vehicles for a while that is for sure...

 

[Mr.Staplehead]

So I heard VW will be inspecting for emissions tampering before any sort of payout/buyback... or I'm just starting trouble.

 

[sbh1973]

My dream scenario: we get the option for a $5000 check and can either fix the cars or not. I I suspect, though, that any cash compensation will be delivered when you bring the car in to be fixed.

But I'd also be glad with a buyback at pre-September 2015 KBB value, as my 2013 will be almost a year older then. And then, some major incentive to buy another VW - maybe $5000 off a new one?

Anyway, I've been beating the drums since early on here that there would be a major settlement in favor of owners. This was a slam dunk case, a non-brainer. If you like your TDI, it could soon become the best car deal of your lifetime. Add the $1000 in cash they gave us last year, and perhaps additional compensation up to $5000 (or at least the premium price you paid for the TDI), and this quickly becomes a very cheap car.

 

[740GLE]

People who leased are in worse shape. They managed to do little besides pay VW for the steep early depreciation. Your lease is cancelled! Yay.
Glad I didnt lease.

I see it as they are allowing you to dump you lease say 1 or 2 years in with out any penalties, also how many leases are considered long term owners?

IMO they are the best owners in this situation (if you want out of it)

 

[visionlinx]

3) Buy myself a 2015-2016 Ram 2500 4x4 6.4 hemi crew cab

Why the 2500? I am looking at the RAM as well, and leaning to the 1500 with ecoDiesel (3.0L).

If you go 2500, get the darn Cummins! Or, go look at the new Titan XD with the 5.0L Cummins.

 

[Perry01]

I get the (maybe its hopeful) feeling that those of us with 2015's that elect for buybacks, might be getting the high end of that compensation. After all, we were the ones that were shafted the most by this

I agree that 2015 owners will get the higher end of compensation while 2009 owners the least amount. How they will determine the value is still unknown. KBB, a percent of MSRP?

I guess we will have to wait two months to find out for sure but remember that VW set aside 10 billion euros to resolve this matter.
.

 

[jjm]

Thanks for the abstract. I'm presuming the CAS would be all items bundled together, rather than buyback/lease cancellation and/or cash payout?

I read the full transcript. 2 months until details of buyback/compensation, despite all of the rumors and speculation. I'm going to enjoy driving my two TDIs while I can, especially if they allow 2 years to decide on the buyback at the frozen pre-scandal value.

 

[Evildad]

My dream scenario: we get the option for a $5000 check and can either fix the cars or not. I I suspect, though, that any cash compensation will be delivered when you bring the car in to be fixed.
But I'd also be glad with a buyback at pre-September 2015 KBB value, as my 2013 will be almost a year older then. And then, some major incentive to buy another VW - maybe $5000 off a new one?

I believe the judge has shown two priorities: get the offending cars fixed or off the road (mandatory) and compensate owners. I don't think the judge would view it as any good whatsoever to make VW pay us money and then let us continue polluting. So I can see the compensation being linked to the fix/buyback. One would hope that the buyback money would be based on pre-dieselgate depreciation, as in my car is worth $3000 more than the present KBB/NADA says it is. It's still worth less than it was a year ago, just not as much less. The compensation is on top of that, for the trouble we're having, for the lies, blah blah.
If VW wants to keep me as a customer, it will need to offer an additional incentive to get me into a new car loan (I bought my TDI used with CPO), which may be between VW and its dealers and not part of the settlement at all.
As further incentive to get us to fix/buyback, it's entirely possible that the government could say "Now that you have this option, you are required to choose the option that's best for you, or your car will no longer be certified as legal." Because when this all broke, the first thing that was said was that our cars would continue to be legal to drive, because it wasn't our fault that the cars actually broke the law. But after a fix and compensation are available, who knows? Remember, the judge wants to get the offending cars fixed or off the road.

 

[diesel55]

The way it's looking now:

A1. CA only: Keep TDIs on the road with no modification: 45%
A2. Force some TDIs to be retrofitted to comply with modified or existing rules: 15%
A3. Force all TDIs to be retrofitted to comply with modified or existing rules: 20%
A4. Force TDIs off the road completely: 20%

B1. Aggregate US govt. penalties assessed to VW <= $500,000,000: 10%
B2. Penalties > $500,000,000 <= $2,000,000,000: 35%
B3. Penalties > $2,000,000,000: 55%

C1. VW of America continues as a viable automobile brand thru 2021: 70%
C2. VW of America ceases to exist between now and 2021: 30%

D1. VWAG continues as a viable automobile brand thru 2021: 95%
D2. VWAG ceases to exist between now and 2021: 5%

E1. VW offers no buyback of TDIs in US: 20%
E2. VW offers buyback of selected TDIs in US: 35%
E3. VW offers buyback of all TDIs in US: 45%

F1. All buyback offers at adjusted blue book value or below: 55%
F2. All buyback offers above adjusted blue book but below adjusted MSRP: 15%
F3. Some buyback offers at adjusted MSRP or higher value: 15%
F4. All buyback offers at adjusted MSRP or higher value: 15%

G1. There will be a criminal prosecution of one or more VW employees in the US, related to the cheating scandal : 25%
G2. There will be no criminal prosecution: 75%

H1. Aggregate value of US class action cases settled by end of 2018 <= $1,000,000,000: 60%
H2. Aggregate value > $1,000,000,000: 40%

 

[Evildad]

I read the full transcript. 2 months until details of buyback/compensation, despite all of the rumors and speculation. I'm going to enjoy driving my two TDIs while I can, especially if they allow 2 years to decide on the buyback at the frozen pre-scandal value.

I'm tending to doubt that your car's value will be frozen for an additional two years. I suspect that they'll calculate depreciation based on "what if there had been no dieselgate?" If they do freeze the value, then that makes a lower individual compensation amount more likely.

 

[tdiwa]

$5,000 sounds nice until you have to pay Federal, State, local, FICA, and Medicare tax on it, at with time you've got $2,700 left...
Then the gov't fines VW and guess who really "wins" in this deal, and who really loses?
The gov't and the lawyers are salivating, the rest of us just driving a car that while nice, isn't worth much.

I believe that tax would only be assessed if the $5000 were income to you (a gain). This would seem more like a compensation for something lost, not over and above what was paid for the car. If you were to purchase something at a store for $50 which turned out to be defective in some way and you went back to the store and they offered you a $25 check instead of a return, you wouldn't be paying income tax on that $25.

At a minimum, FICA and Medicare are only deductions from wages, and any payout is definitely not wages.

 

[tobianogreg]

Canadian TDI Owners

Phew!

http://www.theglobeandmail.com/report-on-business/vw-canada-to-buy-back-repair-or-compensate-owners-of-more-than-100000-vehicles/article29710515/

 

[MichVW]

Just remember you have to use the $500 card within a year you received it or had it activated at the dealer.

Dealer put it on my account. I have a receipt for the transaction. It will never expire. I have a $500.00 credit.

 

[gearheadgrrrl]

You're having trouble with basic math...

$25k- $5k from VW= $20k. That's close to what my '13 JSW would have sold for off a VW used car lot in September of 2015. Actual trade in offered would probably have been closer to $15k. Yes, unlike some of the opportunists here trying to scam VW, I understand depreciation.

I believe you are delusional. Back pedal is an understatement. You first said that there would be "no mass buyback". Now you are crunching fictitious numbers and trying to force feed them to the forum members. Your 2013 was NOT worth 24k in September 2015. My 2014 JSW with 10,000 miles was not worth 24K in Sept 2015. Ever hear of something called depreciation???

You are trying really hard to be right... I get it.. You may just have to chalk this one up a a blow to the ole' ego and move on. You lose...good day....Ma'am

 

[TCBinaflash]

$25k- $5k from VW= $20k. That's close to what my '13 JSW would have sold for off a VW used car lot in September of 2015. Actual trade in offered would probably have been closer to $15k. Yes, unlike some of the opportunists here trying to scam VW, I understand depreciation.

It's going to take VW a century to pay all this off making $1,000 per car.

 

[MichVW]

Why the 2500? I am looking at the RAM as well, and leaning to the 1500 with ecoDiesel (3.0L).

If you go 2500, get the darn Cummins! Or, go look at the new Titan XD with the 5.0L Cummins.

As much as I would love to have another diesel, I am not willing to take a risk with all of the emissions garbage again. I would love a Cummins but wish the 2015 had a pre-2008 5.9 Cummins without all the crap hanging off the exhaust. I also cannot justify the added cost of a diesel for my use. Even the 1500 with the eco-diesel comes with a hefty price tag. Nice truck though.

2500... Yeah...Considering you can by one for almost as much as a 1500.. I want (don't need) a heavier truck. I like a 4x4 with a solid front axle and the 2500 (being 3/4 ton) comes with all HD components. Bigger brakes, shocks and the option for the gas guzzling 6.4 . Plus I would be able to tow/haul anything I wanted. I plan on keeping the truck for a long time.

In other news... I have decided I am garaging my 2011 Golf. Not going to risk having it totaled, having the DPF grenade, or timing belt blow apart.. Looking for a 5 year old ford focus to use for work. Just not worth the risk of driving my Golf around. As of today, it is worth more than any insurance company would give me as a settlement. Also worth more than even the best private party transaction. It has been fun... But I have to be financially smart. To the garage it goes...and stays..

 

[MichVW]

$25k- $5k from VW= $20k. That's close to what my '13 JSW would have sold for off a VW used car lot in September of 2015. Actual trade in offered would probably have been closer to $15k. Yes, unlike some of the opportunists here trying to scam VW, I understand depreciation.

I think someone a few days ago requested that the mods get rid of you. I will second that. You contribute only to name calling, trolling, and bashing others for their opinions. Calling everyone who expects anything "whiners"... Don't you have a blog to concentrate on?